Delegation through Staking with Validators

As discussed on the previous page, Xvitesse validators can boost their share of the overall consensus stake by attracting funds from other users who do not run validator nodes themselves.

Those users are referred to as 'delegators.' A delegator is free to choose any validator (or validators) and stake any amount of XVI with them to participate. The most convenient way to delegate XVI to a validator is via the Xvitesse Staking platform.

A delegator receives the share of Xvitesse block rewards proportionate to their stake minus the fee paid to their chosen validator. The minimum fee is currently set at 20%. This value was chosen to mitigate the risk of validator consolidation by offering very low delegation fees.

Currently, delegators are allowed to unstake their XVI at any time but plans are in motion to introduce a minimum staking period.